MBA Banking Admission 2024: This program provides a comprehensive understanding of the banking sector and takes two years to complete. This MBA Banking course covers a range of topics, including economics, finance, and banking management. The MBA Banking Admission process is based on entrance exams like XAT, CAT, MAT, and CMAT. Some universities also grant admission based on merit scores. To be eligible for this course, students must have a minimum of 50% marks. The course fee ranges from INR 58,000 to INR 2,40,000 per year, and the last date for admission is 5 June 2024*. Upon completion, students can pursue careers in Merchant Banking, Asset Management, Investment Banking, Risk Management, Private Banking, and Consulting.
MBA Banking Admission Latest Update 2024
- IMTS Institute: Provides a distance learning MBA in Banking, suitable for working professionals or those who cannot attend regular classes. Eligibility is 50% in graduation, with a course fee of approximately ₹95,000 per annum. The last date for application is 5 June 2024*. Check out IMTS Institute for more details.
- Amity University, Noida: Amity University’s MBA in Banking program equips students with the skills required for financial management and banking operations. Applicants must have at least 50% in their undergraduate degree. The program costs approximately ₹3,20,000 annually. The last date to apply is May 10, 2024*. For more information, visit Amity University.
- Symbiosis Institute of Business Management, Pune: Known for its comprehensive MBA in Banking and Finance, this program requires candidates to have a minimum of 50% in their graduation. The fee is around ₹4,00,000 per year. Applications close on May 25, 2024*. Further details are available at Symbiosis Pune.
- Manipal Academy of Higher Education, Manipal: Offering an MBA in Banking and Finance, Manipal Academy seeks graduates with at least 55% marks. The annual tuition fee is ₹3,50,000, and the deadline for application submission is May 22, 2024*. Visit Manipal University for more information.
MBA Banking Admission 2024 Highlights
Category | Information |
Full Form | Master of Business Administration in Banking |
About the Course | A 2-year postgraduate course focusing on providing managerial skills to aspiring managers. |
Duration | 2 years |
Eligibility | UG Degree with 50% marks from a recognized University. |
Examinations | Entrance exams are conducted by colleges and universities, including CAT, MAT, XAT, and SNAP. |
Fee | INR 58,000 to INR 2,40,000 |
Approval | UGC |
Job Opportunities | Merchant Banking, Asset Manager, Investment Banker, Risk Manager, Private Banking, Consultants, Finance Director |
Admission Process | Entrance exams and Merit-Based in some Universities/colleges |
Subjects | Managerial Communication, Operations Research, E-Banking, Marketing Management |
Distance Education | Available |
Admission Last Date | 05 June 2024* |
University | NILM University, William Carey University, IMTS Institute |
Entrance Exam | May 2024 |
Placement | Goldman Sachs, JP Morgan and Morgan Stanley |
A few subjects taught in this course are marketing management, legal & regulatory aspects of banking, customer relationship management, and so on. After acquiring the complete knowledge of this course, students can find jobs such as investment banker, financial advisor, cash manager, asset manager, etc.
Top Universities for MBA Banking Admission: The Postgraduate degree program of Banking in MBA remains available for university students, e.g., Birla Institute of Management Technology, IGNOU, National Institute of Bank Management, LPU, Dr Dy Patil University, etc. The course has an average fee of INR 58K to INR 2.4L in private, state, and other universities.
Eligibility Criteria for MBA Banking Admission
Applicants can apply for MBA banking admission to the program by grabbing the eligibility below.
- A bachelor’s degree is the minimum qualification required to be eligible for admission to MBA Banking.
- The minimum score required for the candidates is 50%, with a 5% relaxation for SC/ST candidates.
- Entrance exams like MAT, CAT, XAT, CMAT, or SNAP are accepted.
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MBA Banking Admission 2024
For the current academic year, MBA Banking admissions are typically closed, except for a few universities. Admission to the Master of Business Administration in Banking program is open at Sandeep University. The university is offering a chance for admission one last time online at sandipuniversity.edu.in.
Mostly, the university conducts entrance exams for MBA Banking Admission. XAT, MAT, CAT, CMAT, and PG CUET are the top entrance exams for this MBA Admission.
MBA Banking Admission may have ended at several universities, but this does not necessarily mean it will take a long time to reopen. It is expected that the universities or institutions, which include the Indian Institute of Management (Ahmedabad), Symbiosis Institute of Business Management, and Sharda University, will soon start accepting applications for their MBA programs in banking.
Before delving deeper into the article, it is imperative to comprehend certain MBA Banking Admission-related details regarding the Master of Business Administration program in banking, as outlined in the following recommendations:
- The basic criteria for MBA Banking Admission at any national or abroad-based institution or university is passing a bachelor’s degree in a related discipline.
- The procedures for university admissions are not uniform. While some universities emphasize entrance, others place more emphasis on prospective students’ academic achievement.
- Some universities offer study opportunities and admissions to MBA in Banking degree programs based on scholarships. A list of the best universities with a focus on scholarships is available to candidates ahead.
MBA Banking Eligibility Criteria
The following sections will provide more information about the requirements for admission to the two-year MBA in Banking program.
- A bachelor’s degree of three-year duration in banking, accounting, or equivalent subject from a globally recognized university.
- It is needed for aspiring students thinking of applying to the MBA in Banking degree program to pass the bachelor’s degree examination with a minimum of 50% or higher.
Passing any of the following management-level exams helps candidates get into the MBA in Banking entrance exam performance becomes crucial for admission to regular universities. The CAT, MAT, or CMAT are a few popular management entrance exams for admission to MBA programs in banking.
MBA Banking Fee
- Course Fee: The average fee range for MBA Banking courses charged by different universities/colleges is approximately INR 58,000 to INR 2,40,000. But, we suggest checking the fee structure before applying to any university/college.
- Application Fee: Admission to MBA Banking is impossible without paying an application form fee. Thus, the application form fee for the banking program ranges from INR 450 to INR 4500.
MBA Banking Application Form 2024
Application forms for the MBA in Banking postgraduate degree program at the regular universities remain available in either of the following modes; online or offline. The correct submission of the application or registration form creates an opportunity for aspirants to proceed in the MBA Banking admission process.
Applicants can submit application forms for the MBA in Banking degree program by paying the application fee along with them. The application fee varies from university to university and is estimated at around 500-2,000 Indian rupees at private, state, and central-oriented universities.
Currently, the MBA Banking application form for registration is rarely available at universities except for Sandeep University. By visiting the university website, one can quickly apply. It is required of applicants to send in their application forms ahead of the deadline.
MBA Banking Syllabus
Below is given the semester-wise syllabus details of the MBA in Banking program.
Semester I | Semester II |
Managerial Economics
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Project Management
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Communication Skill Development
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Business process modeling
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Corporate legal Environment
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Principles of Management and Organizational Behaviour
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Accounting for Managers
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Production Management
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Demand and Business Forecasting
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Business Communication
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Business Skills Development
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Business Policy and Strategic Management
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Management of Organizations
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Enterprise resource planning
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Quantitative Techniques & Methods
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Production Planning and Control
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Semester III | Semester IV |
Specialization Group D – Information Technology
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Specialization Group D – Information Technology
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Specialization Group B – Marketing
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Specialization Group B – Marketing
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Operations Management and Strategy
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Management of Banking and Insurance Companies
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Research Methods for Management
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Management of International Business
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Specialization Group C – Finance
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Specialization Group C – Finance
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Specialization Group A – Human Resource Management
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Specialization Group A – Human Resource Management
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Specialization Group E-Banking
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Specialization Group E-Banking
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Commercial Banking and the Role of RBI
|
Project |
Scope of MBA Banking
Candidates who wish to work in the banking sector will be pleased with this program. The grip of academic excellence becomes more controllable after completing the MBA Banking Management program.
Students who complete the MBA Baning Management PG Degree and want to advance their academic knowledge can unquestionably pursue a Ph.D. The PhD helps to unlock the more locked doors for a better future.
Graduates with MBA in Banking have abundant choices in terms of higher education which further helps to broaden their knowledge in the field of banking and finance. There are several certificate courses available for students such as Risk Management Assurance, Information Systems Auditor, Chartered Financial Analyst, etc.
MBA Banking Job & Salary Offered
The professional arena does not shyly welcome MBA in Banking Management degree holders. Such candidates can work at profiles like financial consultants, bank managers, finance and research analysts, etc. The approximate salary package of Banking Management professionals is INR 3.5 LPA to INR 10.8 LPA.
Students after completing this course have several employment opportunities in the field of banking, financial services, and education institutions. They can work at different job profiles like Risk manager, Investment Banker, Finance director, Cash manager, etc. There are many companies hiring employ graduates from this course, some of the top recruiting companies are SBI, ICICI, AXIS, RBI, HDFC, etc.
Listed below are the details of these job positions:
Risk Manager: They are responsible for developing procedures and strategies to manage an organization’s risks. Further preparing risk models like credit & operational risks, business risks, and research & analytical support. Salary varies from organization to organization but is mainly dependent on skills and experience, the average annual salary is INR 4.80 lacs.
Asset manager: They are responsible for managing assets for their clients and providing suggestions based on investment preference. Asset managers look after the needs, asset status, risks, goals, preparing reports, etc, which are some of the main tasks that are performed by them. The average annual income for this profile is INR 5lacs.
Finance Manager: They make strategies, plan budgets, and ensure an efficient flow of work for their organization. Financial managers are also responsible for managing executive team members and providing financial advice that helps in the development and growth of the company. The average annual salary for this profile is INR 7.60lacs.
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Frequently Asked Questions?
Ques 1: What is an MBA in banking?
Ans: An MBA in banking, or Master of Business Administration in Banking, 2-year program. For this course to be successful, the primary objective is to provide the aspiring manager with managerial skills.
Ques 2: Which MBA College or institute is best for banking?
Ans: IIM Kozhikode, IMI New Delhi, IMT Ghaziabad, TAPMI Manipal, GIM Goa, and SSBF Pune are among the best MBA colleges in India for Banking and Finance.